The producer and general manager of the group Saidal, Fatum Acacia give in to like to a newcomer. This Monday, April 10, the company announced through an official press release the reorganization, decided during a meeting with the Ministry of Industry (previously, Pharmaceutical Industry).
READ ALSO: Saidal’s underperformance: Aoun promises to turn heads
A new leader at the head of SaidalWassim Kouidri succeeds Fatum Acacia
Through a post on its official Facebook page published on Monday, the national group Saidal announced the appointment of Wassim Kouidri as new CEO. The latter replaces Fatum Acaciaappointed in November 2020, who herself succeeded the former leader, Mohamed Nouas.
The replacement decision was made during an AExtraordinary General Meeting held at the headquarters of the Ministry of Industry and Pharmaceutical Production.
READ ALSO: Aoun had promised, several heads are falling at Saidal
As a reminder, the Minister of Industry, Ali Aounhad initiated sanctions against Saidal and had decided dismissal of several managers from the company a few weeks ago.
Indeed, Aoun had previously deplored the lack of responsiveness of the leaders to his instructions. The group had been given a period of 6 months to prove themselves and increase their performance, without success.
READ ALSO: Insulin production in Algeria: Saidal launches the first unit in Constantine
